Umang Dairies Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 741.37 million compared to INR 543.91 million a year ago. Revenue was INR 746.28 million compared to INR 546.12 million a year ago. Net loss was INR 0.65 million compared to INR 38.88 million a year ago. Basic loss per share from continuing operations was INR 0.03 compared to INR 1.77 a year ago. Diluted loss per share from continuing operations was INR 0.03 compared to INR 1.77 a year ago.
For the nine months, sales was INR 1,903.43 million compared to INR 1,435.27 million a year ago. Revenue was INR 1,919.95 million compared to INR 1,444.18 million a year ago. Net loss was INR 24.83 million compared to INR 125.18 million a year ago. Basic loss per share from continuing operations was INR 1.13 compared to INR 5.69 a year ago. Diluted loss per share from continuing operations was INR 1.13 compared to INR 5.69 a year ago.